Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.75% |
| 2 | Energy | 10.9% |
| 3 | Financials | 8.86% |
| 4 | Consumer Discretionary | 8.57% |
| 5 | Industrials | 8.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Bankunited
BKU
$3.41B
| $5.35M | 0.01% |
163,301
-632,122
| -79% | -$19.4M |
|
1377
ABM Industries
ABM
$2.88B
| $5.34M | 0.01% |
167,572
-1,840
| -1% | -$55.5K |
|
1378
Stride
LRN
$4.01B
| $5.34M | 0.01% |
339,637
+25,317
| +8% | +$376K |
|
|
TDAY
1379
USA Today Co
TDAY
$1.24B
| $5.34M | 0.01% |
223,076
+169,351
| +315% | +$3.93M |
|
1380
Evertec
EVTC
$1.94B
| $5.33M | 0.01% |
243,944
-142,424
| -37% | -$3.01M |
|
1381
Assembly Biosciences
ASMB
$505M
| $5.32M | 0.01% |
33,483
+25,272
| +308% | +$3.42M |
|
|
ABB
1382
DELISTED
ABB Ltd
ABB
| $5.3M | 0.01% |
250,252
-95,814
| -28% | -$1.97M |
|
1383
Mercury Insurance
MCY
$6.1B
| $5.29M | 0.01% |
91,663
+72,558
| +380% | +$4.08M |
|
|
SHOR
1384
DELISTED
ShoreTel, Inc.
SHOR
| $5.29M | 0.01% |
776,013
+552,407
| +247% | +$3.95M |
|
1385
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $5.29M | 0.01% |
+50,000
| New | +$5.53M |
|
1386
United Natural Foods
UNFI
$3.09B
| $5.29M | 0.01% |
68,615
+61,927
| +926% | +$4.85M |
|
|
FLY
1387
DELISTED
Fly Leasing Limited
FLY
| $5.28M | 0.01% |
362,557
+108,223
| +43% | +$1.54M |
|
1388
Axalta
AXTA
$7.64B
| $5.28M | 0.01% |
191,099
+143,642
| +303% | +$3.87M |
|
1389
Taylor Morrison
TMHC
| $5.23M | 0.01% |
250,820
+129,104
| +106% | +$2.41M |
|
1390
Angi Inc
ANGI
$253M
| $5.21M | 0.01% |
88,787
+75,671
| +577% | +$4.47M |
|
|
DGI
1391
DELISTED
DigitalGlobe Inc.
DGI
| $5.21M | 0.01% |
+152,977
| New | +$4.78M |
|
|
DANG
1392
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $5.2M | 0.01% |
544,361
-84,272
| -13% | -$739K |
|
1393
Heritage Insurance Holdings
HRTG
$896M
| $5.2M | 0.01% |
+236,113
| New | +$4.78M |
|
|
HEES
1394
DELISTED
H&E Equipment Services
HEES
| $5.17M | 0.01% |
206,765
+97,164
| +89% | +$2.19M |
|
|
ETP
1395
DELISTED
Energy Transfer Partners, L.P.
ETP
| $5.13M | 0.01% |
+124,000
| New | +$5.25M |
|
1396
Supernus Pharmaceuticals
SUPN
$2.73B
| $5.13M | 0.01% |
423,938
-136,120
| -24% | -$1.29M |
|
1397
HealthEquity
HQY
$8.45B
| $5.11M | 0.01% |
+204,335
| New | +$4.43M |
|
1398
Allegion
ALLE
$13.7B
| $5.1M | 0.01% |
83,408
-340,561
| -80% | -$19.5M |
|
|
CONN
1399
DELISTED
Conn's Inc.
CONN
| $5.09M | 0.01% |
168,237
+47,215
| +39% | +$1.08M |
|
1400
First Interstate BancSystem
FIBK
$3.71B
| $5.07M | 0.01% |
182,238
+112,387
| +161% | +$2.94M |
|
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Millennium Management's Q1 2015 Portfolio in Review
As of Q1 2015, Millennium Management held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Millennium Management's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Millennium Management added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Millennium Management's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Millennium Management fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Millennium Management's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Millennium Management opened 744 new positions and closed 1,104 in Q1 2015.
- Millennium Management's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.